Goldsmith, TX
Population 215 · Texas
About Goldsmith, TX
Goldsmith is a small community located in Texas with a population of 215 residents according to the latest US Census Bureau American Community Survey data. The median household income is $89,464 per year, which is 19% above the national median of $75,149. The median age of 42.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Goldsmith features a median home value of $110,900, which is 55% below the national median of $244,900. This makes Goldsmith one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,433, 23% above the national average of $1,163/month. Of the 97 total housing units, 69% are owner-occupied (57 units) and 31% are renter-occupied (26 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Goldsmith shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Goldsmith have an average one-way commute time of 27.1 minutes.
Education & Demographics
26.5% of Goldsmith residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 13.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 4.2% of the population being foreign-born.
Cost of Living in Goldsmith, TX
Compared to national averages, Goldsmith has a median household income of $89,464 (19% above the national median of $75,149). Home values average $110,900, which is 55% below the national median. Monthly rent at $1,433 is 23% above the US average of $1,163. Within Texas, Goldsmith's income is 23% above the state average of $72,726, and home values are 48% below the state median of $211,769.
Why Live in Goldsmith, TX?
Goldsmith offers a strong local economy with a median household income of $89,464, well above the national average, and affordable housing with a median home value of $110,900, below the US average of $244,900, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 1.9%, better than the national average.
Goldsmith has a population of 215 with a median age of 42.2 years. Compare Goldsmith with other cities to see how it stacks up, or explore all cities in Texas.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Goldsmith
What is the population of Goldsmith, TX?
The population of Goldsmith, TX is 215 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in Goldsmith?
The median household income in Goldsmith, TX is $89,464 per year, which is 19% above the national median of $75,149.
What is the median home value in Goldsmith?
The median home value in Goldsmith, TX is $110,900, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Goldsmith?
The median monthly rent in Goldsmith, TX is $1,433, which is 23% above the national average of $1,163/month.
What is the unemployment rate in Goldsmith?
The unemployment rate in Goldsmith, TX is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Goldsmith, TX a good place to live?
Goldsmith offers above-average incomes, affordable housing, and a strong job market. With a population of 215 and a median age of 42.2, the city appeals to a broad range of residents.
How educated is Goldsmith, TX?
26.5% of residents in Goldsmith aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Goldsmith?
Key cost-of-living indicators for Goldsmith, TX: median home value is $110,900 (55% below national), median rent is $1,433/month, and median household income is $89,464. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Goldsmith?
The poverty rate in Goldsmith, TX is 1.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Goldsmith, TX?
Goldsmith's population is 13.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 4.2% of residents are foreign-born.